Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
PT Telekomunikasi Indonesia Tbk ( (TLK) ) has issued an announcement.
On May 1, 2026, PT Telekomunikasi Indonesia Tbk disclosed plans for a share buyback of stock listed on the Indonesia Stock Exchange and its American Depositary Receipts on the New York Stock Exchange, in line with Indonesian and U.S. capital market regulations. The program, subject to shareholder approval at a June 8, 2026 general meeting, would run from June 9, 2026 to June 8, 2027, with a budget of up to Rp1 trillion, capped at 10% of issued and paid-up capital and maintaining at least 15% free float.
Management said the buyback is intended to signal confidence in the company’s long-term value, align the share price with underlying fundamentals, and bolster stakeholder trust while supporting sustainable growth. Pro forma figures based on September 30, 2025 accounts show only a modest reduction in assets and equity and a slight increase in earnings per share, with the company emphasizing that sufficient internal cash will fund the transactions without materially affecting operations, revenue or key financial indicators.
Spark’s Take on TLK Stock
According to Spark, TipRanks’ AI Analyst, TLK is a Outperform.
The overall stock score of 75 reflects strong financial performance and technical indicators. The company’s robust cash flow and profitability are significant strengths, while the technical analysis indicates a positive market trend. The valuation is reasonable, with an attractive dividend yield. However, the decline in revenue growth is a concern that could impact long-term performance.
To see Spark’s full report on TLK stock, click here.
More about PT Telekomunikasi Indonesia Tbk
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk is Indonesia’s state-owned telecommunications group, providing fixed and mobile networks, data and internet services, and a range of information technology solutions. The company focuses on optimizing its infrastructure and resources to support digital connectivity and ICT services across the Indonesian market and international investors via its New York-listed ADRs.
Average Trading Volume: 796,457
Technical Sentiment Signal: Sell
Current Market Cap: $16.09B
See more insights into TLK stock on TipRanks’ Stock Analysis page.